Shell has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria
Royal Dutch Shell will sell stakes in at least four blocks in Nigeria in its latest round of asset sales in the Opec country, according to reports on Wednesday. Citing industry sources, Reuters said that the blocks for sale include Oil Mining Licenses (OMLs) 13 and 16 onshore in the ...
ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.4 billion, the latest move by the energy company to limit its exposure in the West African nation amid long-running complaints of ...
Shell agrees to sell Nigerian onshore subsidiary, SPDC Jan 16, 2024 Shell has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production compani...
Cue the confetti: Shell is finally packing its bags after 87 years in Nigeria’s Niger Delta. But before anyone applauds, note that the oil giant is slipping out the back door largely to avoid cleaning up the monumental mess it created, all while still clinging to the profitable parts of...
Shell is selling its onshore subsidiary in Nigeria for $2.4bn. The new owners are Renaissance, a consortium of businessmen that includes Nigerians, a non-Nigerian, and a Special Purpose Vehicle. We dig into the five companies.
Shell—the undisputed champion of pollution, corporate greed, and dodging responsibility—is finally being forced to answer for its decades of devastation in Nigeria’s Niger Delta. On February 13, 2025, the High Court in London opened proceedings against the oil giant, as the Bille and Ogale ...
Shell’s Bonga expansion off Nigeria threatened by new delays Lagos—Legal disputes between Shell and Nigerian Na S Reports - 《Platts Oilgram News》 被引量: 0发表: 2018年 Forcados Crude Rushes Back to Market Royal Dutch Shell's Nigerian joint venture, SPDC Timothy,France - 《International ...
Shell joins international sell-off of Nigeria onshore oil and gas holdings Ron Bousso17 Jan 2024 PR & Communications Hill & Knowlton Nigeria leadership buys agency, forms Skot Communications 12 Jan 2024 Coal, Oil & Gas TotalEnergies acquires more of Namibian oil find ...
Eni and Shell on trial in Italy over Nigeria ‘corruption’ Dec 20th, 2017 by John Donovan. Comments are off for this post 20 December 2017 Two global oil giants, Eni and Shell, are to stand trial in Italy over allegations of corruption in Nigeria. The case involves the purchase of ...